Question

does cooperative take collateral or documentation yes or no​

Answer 1

Answer:

yes as it is private and all banks take collateral for loans

Explanation:

Answer 2

Collateral is an asset pledged to a lender until a loan is repaid. If the loan isn't repaid, the lender may seize the collateral and sell it to pay off the loan. Obvious forms of collateral include houses, cars, stocks, bonds and cash -- all things that are readily convertible into cash to repay the loan.

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